Indexed Annuities
What are indexed annuities?
Indexed Annuities are safe money policies that are designed to allow the client to save money on a tax-deferred basis for future retirement lifetime income.
A very important benefit of this product is that your premium and credited interest can never be lot due to index volatility. When you purchase an indexed annuity, you own an annuity contract backed by the insurance company and not shares of stocks or indexes.
Indexed Annuities are safe money policies that are designed to allow the client to save money on a tax-deferred basis for future retirement lifetime income.
A very important benefit of this product is that your premium and credited interest can never be lot due to index volatility. When you purchase an indexed annuity, you own an annuity contract backed by the insurance company and not shares of stocks or indexes.
What are the benefits of Annuities?
- Guarantee of Principal
- Pays up to a 10% bonus
- 5 - 7% compounded income growth
- Can double your income for LTX
- Avoidance of probate
- Can help reduce social security taxes
- Liquidity
- Guaranteed Income that cannot be outlived
- 10% free withdrawal
How is my money invested?
Most indexed annuities allow you to invest in various indexes like the S & P 500, Russell 2000, and DJIA to name a few. You will also have a fixed return option as well.
Most indexed annuities allow you to invest in various indexes like the S & P 500, Russell 2000, and DJIA to name a few. You will also have a fixed return option as well.
Additional features of an Indexed Annuity
Lifetime Income Benefit Rider.
This rider can be added to your contract that allows you to take a lifetime income from your annuity without losing control of your retirement assets. This is possible because the lifetime is in the form of regular withdrawals from your contract rather than annuitized payments. At this time the current interest rate for the income rider is 8% of the compounded value each year.
Bonus on your money.
Most indexed annuities offer some kind of bonus that can be as high as 10% on monies invested into the policy. Further details can be explained for how to qualify for the maximum bonus.
Indexed Annuities offer liquidity.
All annuities have some form of surrender or partial withdrawal penalty, however, you are allowed to withdraw up to 10% penalty free after the first anniversary and for subsequent years. In addition most indexed annuities allow up to 100% if you are confined to a nursing home or you have been diagnosed with a terminal illness.
This rider can be added to your contract that allows you to take a lifetime income from your annuity without losing control of your retirement assets. This is possible because the lifetime is in the form of regular withdrawals from your contract rather than annuitized payments. At this time the current interest rate for the income rider is 8% of the compounded value each year.
Bonus on your money.
Most indexed annuities offer some kind of bonus that can be as high as 10% on monies invested into the policy. Further details can be explained for how to qualify for the maximum bonus.
Indexed Annuities offer liquidity.
All annuities have some form of surrender or partial withdrawal penalty, however, you are allowed to withdraw up to 10% penalty free after the first anniversary and for subsequent years. In addition most indexed annuities allow up to 100% if you are confined to a nursing home or you have been diagnosed with a terminal illness.
Are you prepared to retire comfortably?
Over 43% of American workers have less than $10,000 saved for retirement, according to a recent report by the EBRI. If you do not have your own savings, you will be forced to try and manage your retirement with only a social security check. Don't panic! Annuities were designed to help you to save for retirement and produce a vital stream of income for your golden years.
Over 43% of American workers have less than $10,000 saved for retirement, according to a recent report by the EBRI. If you do not have your own savings, you will be forced to try and manage your retirement with only a social security check. Don't panic! Annuities were designed to help you to save for retirement and produce a vital stream of income for your golden years.
Here are two reasons to act now!
- The longer you wait, the more you need to put away. Begin building your retirement immediately with an annuity.
- We will give you a no-risk retirement projection within a day. Just complete this short form and we will show you how you can use annuities to achieve the retirement you need.
